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07-24

Circle Proposes MiCA Reform to Allow Global Stablecoins in Europe

SummaryCircle's EU policy head Patrick Hansen has proposed an equivalence framework under MiCA that would allow foreign stablecoin issuers, including Tether, to access European markets without establishing a separate licensed EU entity. The proposal comes after Tether's USDT was delisted from severa

U.S. crypto industry groups push for the Clarity Act, fall short of the 60-vote threshold

According to Crypto in America, several U.S. cryptocurrency industry associations have urged the Senate to advance the Clarity Act; however, the bill currently lacks the 60-vote procedural threshold. The Digital Chamber, the Crypto Council for Innovation, and the Blockchain Association have reviewed

Whale Continues to Short ChangXin Tech at $15.14 Liquidation Price

Huo Xing Cai Jing reports that on July 24, according to Lookonchain monitoring, a whale has been continuously shorting Changxin Technology. The whale currently holds a short position of 1.44 million CXMT ($9.18 million) and has additional limit sell orders for $2.55 million in CXMT pending execution

BlackRock raises $12.3B in bonds to fund Meta's Texas data center project

BlackRock is raising $12.3 billion in bonds to build a data center campus in El Paso, Texas, that will deliver roughly 1 gigawatt of power capacity. To put that in perspective, 1 gigawatt can power about 750,000 homes. Meta is the anchor tenant.The financing is being orchestrated through a holding c

US S&P Composite PMI Hits 8-Month High of 53.6 in July 2026

The US economy just printed a number that nobody on Wall Street was fully prepared for. The S&P Global Flash Composite PMI for July 2026 came in at 53.6, well above the forecast of 52.2 and meaningfully higher than June’s reading of 51.9, marking the strongest composite reading in eight months.A...

US New Home Sales Rise in July, Crypto Investors Watch Regulatory Shifts

New single-family home sales in the US rose to a seasonally adjusted annual rate of 628,000 in the latest monthly report from the Census Bureau and Department of Housing and Urban Development. That’s a 1.6% bump from the revised May rate of 618,000.Compared to the same period last year, sales are do

Bitcoin Plummets, $117M in Liquidations in One Hour as Mage Cuts Longs

BlockBeats news: On July 24, according to Coinglass data, after 8 PM tonight, Bitcoin rapidly declined, briefly falling below $64,000 and currently trading at $64,157.87. As a result, over the past hour, $117 million in total positions were liquidated across the network, with $114 million in long po

Thailand SEC Files Criminal Complaint Against Bitkub and Two Former Directors

The Thai Securities and Exchange Commission has filed criminal complaints against digital asset exchange Bitkub Online and two former directors, Sakolkorn Sakavee and Thaweesap Rawan, alleging false reporting related to a 2021 cyberattack. In May 2021, a cyberattack resulted in the theft of 16 digit

Coinbase Launches One-Click Sui Staking with 1.4%–3.3% APY

Coinbase has added native staking for Sui, letting eligible users earn SUI rewards inside the exchange without running validators or managing delegation. The move brings a one-click staking option to Coinbase accounts — a convenience aimed at users who want yield but don’t want to wrestle with walle

Hashi Launches Sui Testnet for Native BTC Lending with Guardian Layer Security

Hashi has launched a testnet on Sui that gives developers a sandbox to experiment with a Bitcoin-backed lending design using native BTC as collateral and a layered security model Hashi calls the Guardian Layer. What Hashi is building - At its core, Hashi aims to let Bitcoin support lending on Sui w

TRON's Gasless USDT Transfers Top $3B Weekly in Active Settlement Volume

Headline: TRON’s gasless USDT transfers top ~$3B weekly, underscoring demand for seamless stablecoin rails TRON’s gasless USDT transfers have reached about $3 billion in active settlement volume over a single week — a clear sign that users want to move dollar-pegged tokens without worrying about na

MetaEra: 'LoL: Team WE vs JD Gaming (BO3)' 24-hour trading volume reaches $1.8M

ME News reports that, on July 24 (UTC+8), prediction market data shows that the event "LoL: Team WE vs JD Gaming (BO3) - LPL Group Ascend" achieved a 24-hour trading volume of $1.8M, with significantly increased market participation.

NVIDIA CEO Huang Renxun registers X account, sparking meme coin speculation across multiple blockchains.

According to ME News, on July 24 (UTC+8), NVIDIA CEO Jensen Huang registered an X account and posted his first personal tweet, sharing an open letter titled “Open Weights and American AI Leadership,” co-signed by NVIDIA. This development has sparked discussions not only within the AI industry but

US Equity Futures Stabilize as Big Tech Selloff Eases, Brent Crude Falls Below $100

After a bruising session, US equity futures found their footing. The stabilization came as the selloff in Big Tech names lost momentum, giving investors their first real exhale in what had been a tense stretch of trading.Brent crude falling below $100 per barrel is the subplot worth watching. Oil cr

Nvidia CEO Advocates for Open-Weight AI Models, Sparks Debate on Hardware Demand and Geopolitics

Jensen Huang has never been accused of making a quiet entrance. The Nvidia CEO chose his very first post on X to publish a letter advocating for open-weight AI models, the kind you can download, modify, and run on your own hardware. For a guy who sells the hardware that powers most of the world’s AI

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